Oil & Gas Property in Lea County, NM
Key data points for Mustang 8 17 Federal
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY, L.P. |
| Production Dates | Oct 2020 - Sep 2025 |
| Total Oil Production | 2,063,418 BBLs |
| Total Gas Production | 7,173,769 MCF |
| Recent Oil Production | 29,485 BBLs in Sep 2025 |
| Recent Gas Production | 105,787 MCF in Sep 2025 |
| Wells on Property | 10 |
Our Valuation Estimates for Mustang 8 17 Federal
ShaleAssessment™
Not Available
MarketMultiple™
$6,077,011 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Mustang 8 17 Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Chincoteague | Lea County, NM | 16,915 BBLs | 67,092 MCF | Sep 2025 |
| Chincoteague 8 32 Federal | Lea County, NM | 242,445 BBLs | 1,513,611 MCF | Sep 2025 |
| Co Grizzly 3 | Lea County, NM | 105,244 BBLs | 518,412 MCF | Sep 2025 |
| Co VIper 4 33 Federal | Lea County, NM | 18,170 BBLs | 113,323 MCF | Sep 2025 |
| Co Yeti 15 22 Federal Com | Lea County, NM | 43,168 BBLs | 157,096 MCF | Sep 2025 |
| Corvo Federal | Lea County, NM | 1,052 BBLs | 1,095 MCF | Oct 2025 |
| Cotton Draw | Lea County, NM | 398,305 BBLs | 3,048,964 MCF | Oct 2025 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| E F Ray B NCT-1 | Lea County, NM | 0 BBLs | 0 MCF | Aug 1998 |
| Haflinger 22 27 Federal Com | Lea County, NM | 34,697 BBLs | 229,343 MCF | Sep 2025 |
| Lippizzan 4 Federal | Lea County, NM | 3,708 BBLs | 13,062 MCF | Sep 2025 |
| Marwari 21 16 State Federal Com | Lea County, NM | 83,075 BBLs | 373,767 MCF | Sep 2025 |
| Monsanto State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Mustang 8 29 Federal Com | Lea County, NM | 6,964 BBLs | 21,057 MCF | Sep 2025 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 21 BBLs | 0 MCF | Sep 2025 |
| Paint 33 Federal | Lea County, NM | 2,137 BBLs | 2,695 MCF | Sep 2025 |
| Paint 4 33 Federal Com | Lea County, NM | 62,596 BBLs | 548,877 MCF | Sep 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 5,049 BBLs | 215,600 MCF | Sep 2025 |
| Trionyx 6 Federal | Lea County, NM | 5,144 BBLs | 35,370 MCF | Sep 2025 |
These are the closest 20 companies operating near the Mustang 8 17 Federal property.